iFAST is Singapore’s largest online distributor of unit trusts. iFAST is a Singapore based company with
presence in Hong Kong, Malaysia and India. Business in India is a joint venture with Deutsche Bank’s
asset management division and the business in Malaysia is a joint venture with OSK Investment Bank
Bhd. Regional assets under administration exceeds USD 2.5 billion with more than 200,000 client
accounts in Asia.

iFAST holds both the Capital Market Services License and the Financial Advisers License, issued by the
Monetary Authority of Singapore, and is a CPF-registered Investment Administrator.

Global Investor Program

Tapping on Singapore's unique strength as a key wealth management centre in Asia, iFAST caters to the
needs of sophisticated and high net-worth individuals who require more product choices and service
standards. These investors may seek access to quality products from fund managers in various
jurisdictions around the world and not limited by what is available in their own countries.

As an investor who is interested to invest in Singapore, he/she may apply for the Singapore Permanent
Residence (PR) status through the Global Investor Programme (GIP). The investor is require to invest at
least S$2.5 million in a GIP fund that invests in Singapore-based companies. This GIP fund is available for
subscription through iFAST. In addition, iFAST will also assist in facilitating the application process with
the relevant Singapore authorities.

Geographically well-located for residents from majority of Asian countries; a gateway to most of
ASEAN and Asia Pacific countries.

Qualifying Recognised Overseas Pension Schemes (QROPS)

Many British expats and international workers who have worked in the UK have accrued pensions that
are still locked in the UK tax system. QROPS provide an approved means of transferring UK pensions
overseas for those who have left the UK permanently or planning to do so. The potential benefits of
transferring your UK pension to a QROPS are:

No requirement to purchase an annuity.

Entire pension fund available to beneficiaries upon death with 0% inheritance tax.

Benefits may be drawn from age 50 including 30% as a lump sum.

Potentially lower tax on pension income depending on your country of residence at withdrawal.
Malta benefits from many Double Tax Treaties which can help to mitigate income tax in your
choice country of residence.

Consolidate multiple pensions into one pension scheme.

Wide range of investment options.

Access to global funds with potentially higher returns.

Choice of investment currencies.

Take income and benefits in the currency of your choice.

No lifetime cap on pension funding.

Any pensions left in the UK will generally be subject to UK income tax once in payment. Furthermore,
high death taxes may apply to the fund reducing the inheritance of your heirs. QROPS transfers provide
a legitimate means of mitigating these tax charges. There is no requirement to purchase an annuity by
the age of 75 years old. This means that an investor has potential to invest the pension fund more
effectively for a greater return. The remainder of the fund can be paid to your surviving spouse or family
members free of UK death taxes, which otherwise can be as high as 82 per cent.

You can live in one country and take out a QROPS in another, so having a QROPS based in Malta allows
you to receive the pension income from Malta while being taxed only in your country of residence due
to the numerous Double Tax Treaties that Malta has with many countries. For example, if you reside in
Singapore, you will be taxed on the pension income in Singapore and not in Malta. In Singapore, foreign
source of income is tax free.

QROPS allows a wide range of investment choices, so you are able to invest your pension in a manner
that best fit your requirements. As such, QROPS assets can be held and the pension income paid out in
any major currency or the local currency in residence instead of GBP Sterling. This removes currency risk
and exchange costs if the pension currency is matched to the currency you are spending.

Who is eligible? Any individual (any nationality) holding a UK pension who has already left the UK or
plans to leave the UK in the future.

What type of pension can be transferred? Almost any UK registered pension can be transferred to a
QROPS including personal pensions, employer sponsored pension schemes and even pensions that have
been used to contract out of the State pension (Protected Rights).

Self-Invested Personal Pension (SIPP)

A SIPP is a tax privileged savings plan with the purpose of building a capital sum to provide an income at
retirement. In terms of tax benefits and contribution limits, it works in the same way as a personal
pension or stakeholder pension. SIPP is a cost effective option for self managed personal pension
planning. Traditionally, personal pensions are provided by insurance companies with limited range of
funds. For SIPP, you have complete investment flexibility and can select from more than 500 funds on
iFAST in multiple currencies across major asset classes. SIPP also give you the flexibility of drawing
retirement benefits from the arrangement in stages to suit your own personal needs, rather than
purchase an annuity.

The benefits of transfer into a SIPP are:

The flexibility of drawing benefits from the arrangement in stages to suit your own personal
needs.

No requirement to purchase an annuity.

Benefits may be drawn from age 55 including 25% as a tax free lump sum.

Consolidate multiple pensions into one pension scheme.

Wide range of investment options.

Access to global funds with potentially higher returns.

Choice of investment currencies.

Take income and benefits in the currency of your choice.

Who is eligible? Anyone who is a "relevant UK individual" and under the age of 75 is eligible. A relevant
UK individual is defined as someone who:

Is resident in the UK at some time during that year with earnings subject to UK tax, or

Was resident in the UK both at sometime during the 5 tax years immediately before that year
and when the individual became member of the pension scheme, or

They, or their spouse or civil partner have, for the tax year, earnings from overseas crown
employment subject to UK tax.

What type of pension can be transferred? Almost any UK registered pension can be transferred to a
SIPP including personal pensions, employer sponsored pension schemes and even pensions that have
been used to contract out of the State pension (Protected Rights).